Showing 1 - 10 of 171
We survey the literature on the economic consequences of the structure of social networks. We develop a taxonomy of "macro" and "micro" characteristics of social interaction networks and discuss both the theoretical and empirical findings concerning the role of those characteristics in...
Persistent link: https://www.econbiz.de/10011444460
network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does … results with those obtained in sociology. -- Random graph ; game theory ; centrality measures ; network formation ; weak and …
Persistent link: https://www.econbiz.de/10003925546
network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does … results with those obtained in sociology. -- random graph ; game theory ; centrality measures ; network formation ; weak and …
Persistent link: https://www.econbiz.de/10003909559
We study a coordination game among agents on a network, who choose whether or not to take an action in an uncertain … coordination set if and only if the network is balanced, i.e., the average degree of each subnetwork is no larger than the average … degree of the network. Comparative statics exercises as well as welfare properties are investigated. In particular, we show …
Persistent link: https://www.econbiz.de/10012900481
Most network games assume that the best response of a player is a linear function of the actions of her neighbors … network models in the existing literature, including those with nonlinear best responses, can be transformed into games with … produce a unified framework that provides conditions for existence and uniqueness of equilibrium for most network games with …
Persistent link: https://www.econbiz.de/10014076777
We provide an overview and synthesis of the literatures analyzing games in which players are connected via a network … structure. We discuss, in particular, the impact of the structure of the network on individuals' behaviors. We focus on game …
Persistent link: https://www.econbiz.de/10014166303
We study a strategic model of community formation on networks. Starting from a seed community member, the process of community formation is sequential, with infinitely-patient and forward-looking agents making strategic offers to their neighbors. Each agent makes an irreversible binary choice,...
Persistent link: https://www.econbiz.de/10013294427
Although the linear-in-means model is the workhorse model in empirical work on peer effects, its theoretical properties are understudied. In this study, we develop a social-norm model that provides a micro foundation of the linear-in-means model and investigate its properties. We show that...
Persistent link: https://www.econbiz.de/10012133030
Although the linear-in-means model is the workhorse model in empirical work on peer effects, its theoretical properties are understudied. In this study, we develop a social-norm model that provides a microfoundation of the linear-in-means model and investigate its properties. We show that...
Persistent link: https://www.econbiz.de/10012133891
) embedded in a network have to decide how much effort they exert in some activity (say education). We show that the more central … minority agents are in the social network, the more they assimilate to the majority culture. We also show that denser networks … tend to favor assimilation so that, for example, it is easier to assimilate in a complete network than in a star …
Persistent link: https://www.econbiz.de/10011336962